SEC Staff Repeals Crypto-Accounting Guidance Reviled by Industry
US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to ...
China’s Exports of Solar Silicon Outpace Imports For First Time
China’s exports of polysilicon used by the solar industry exceeded imports last year for the first time, as panel manufacturers shifted more operations overseas to contend with a glut at home.
Bangkok to Get Free Public Transport for a Week as Smog Worsens
Thai Prime Minister Paetongtarn Shinawatra ordered public transport in Bangkok to be free for a week from Saturday, as authorities try to reduce traffic and ease the smog that has choked the city for ...
JAL Top Executives Have Pay Docked After Pilot Drinking Incident
Two of Japan Airlines Co.’s most senior executives will have their pay docked after another incident that involved pilots drinking inappropriately.
China’s New Rules to Add $138 Billion Into Market, Analysts Say
Analysts see China’s latest initiatives injecting at least 1 trillion yuan ($138 billion) of additional flows in 2025 into its ailing stock market, with the most bullish calculation by JPMorgan Chase ...
US-Singapore Subsea Cable Seen Worth $760 Million Gets Approval
The first subsea cable system directly connecting Singapore to the American west coast has been granted a landing license by the US, according to Keppel Ltd., bolstering the city-state’s push as ...
Bank of Japan Raises Interest Rate to Highest Level Since 2008
The Bank of Japan raised its key policy rate Friday to the highest level in 17 years, as Governor Kazuo Ueda continues his mission to return to central bank orthodoxy.
Trump’s Exit From Paris Accord Will Make COP30 ‘Difficult,’ Brazil Official Says
The US reversal on climate change will have “a big influence” on discussions at the global summit, said COP30 President Andre ...
Trump Reluctance on China Tariffs, Davos Remarks, More
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Port of Los Angeles Had Second Busiest Year on Record in 2024
The busiest US seaport finished 2024 with near-record trade volumes as tariff uncertainty and supply chain diversions brought a sustained wave of imports through Southern California.
LNG Freight Rates Plunge to Record-Low Levels as Vessels Pile up
Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could provide relief for gas importers and help pad profits for traders.
Crypto Perpetual Motion Machines
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...